Brenner West Capital Advisors, LP (New York)


Brenner West Capital Advisors, LP is a large advisory firm based in New York. It manages $1.22 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Brenner West Capital Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Brenner West Capital Advisors: assets under management

The assets under management (AUM) of Brenner West Capital Advisors, LP is $1.22 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -14% since the beginning of its operation, and $1.05 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $244.59 million each.
Brenner West Capital Advisors has custody of $1.05 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 31% of the firm’s portfolio. Investments in pooled investment vehicles form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brenner West Capital Advisors, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Brenner West Capital Advisors serves?

The only and largest group of clients of Brenner West Capital Advisors is pooled investment vehicles with 4 clients and $1.14 billion of assets under management. Among the 5 most similar advisory firms, Brenner West Capital Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.14 billion for 4 clients. 40% of the firm’s clients are foreign persons or businesses.

Brenner West Capital Advisors also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Brenner West Capital Advisors, LP

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Craig Brenner Nerenberg Managing member 1 Jul 2005 50% - 75% 2649038
Joshua Wes Kaufman Managing member 1 Jul 2005 50% - 75% 3068755
Bharat Nmn Sakaria Chief financial officer 1 Oct 2005 Other 5071130
Michael Scott Weiss Chief operating officer, chief compliance officer 1 Feb 2013 Other 4787404

Based in New York

The principal office where Brenner West Capital Advisors, LP performs its advisory services is located at 500 Fifth Avenue, New York, NY 10110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-801-1255 or by fax 212-599-2300. The normal business hours are 8:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at brennerwest.com/.